Bank of Tanzania Preparing for the Launch of CBDC
The Bank of Tanzania is exploring ways to introduce a Central Bank Digital Currency (CBDC) on its monetary system to enhance the domestic payment system. That is according to Bloomberg…
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BIS Asks Central Banks To Urgently Develop CBDCs To Compete With Crypto Assets
The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDCs) to compete with initiatives…